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X nabs Rhode Island, Mississippi money licenses

Payments Dive

The new licenses are aimed at advancing Elon Musk's campaign to expand the social media company formerly known as Twitter into the payments business.

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United Mississippi Bank frees up internal IT resources through Jack Henry

BankInovation

United Mississippi Bank continues to use Jack Henry’s Hosted Network Solutions to enhance its IT infrastructure without adding employees.

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Mississippi AG Preps Antitrust Suit Against Google

PYMNTS

The Mississippi Attorney General (AG) revealed that his office is preparing an antitrust case against Google , accusing the tech giant of controlling a “pipeline” of data. “We We attorneys general have authority under consumer protection acts to do both,” said Mississippi Attorney General Jim Hood, according to CNBC , on Monday (March 18).

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State Employees In Mississippi Targets Of Direct Deposit Scam

PYMNTS

News comes this week from Mississippi that state workers are being targeted by similar fraud attempts. In other attempts, noted at the time, fraudsters impersonated company executives and tried to solicit W-2s from payroll or human resources (HR) employees, with the aim of filing fraudulent returns on behalf of those employees.

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New Mississippi Law Limits State-Chartered Bank M&A to Other FDIC-Insured Banks

ABA Community Banking

Under a new law signed by Mississippi Gov. Tate Reeves, only FDIC-insured banks can acquire or merge with Mississippi-chartered state banks. The post New Mississippi Law Limits State-Chartered Bank M&A to Other FDIC-Insured Banks appeared first on ABA Banking Journal.

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How a Mississippi credit union attracted $8 million in new deposits

American Banker

Statewide Federal Credit Union in Flowood used its partnerships with Bankjoy and Strum Platforms to identify untapped communities in its field of membership and aggressively market its inaugural high-yield savings account.

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Renasant to acquire Mississippi bank for $1.2 billion

American Banker

The buyer said the all-stock deal to buy The First Bancshares would create a combined bank with $25 billion of assets.